Roman Abramovich

THE TEAM REPRESENTING Chelsea FC's owner Roman Abramovich has "cleared the air" on reports in the UK media that the Russian oligarch had "disagreements" about what will happen to the £2.5 billion the club is expected to be sold for, which would potentially put the sale process into turmoil.

Two months ago Abramovich put Chelsea up for sale and said he would not be asking for his loans to the club to be repaid and all the proceeds would go to a charitable foundation for "all the victims of the war in Ukraine".

Mar 04, 2022 16:03
LONDON: Roman Abramovich, the Russian owner of Chelsea FC, has confirmed he is selling the Premier League club, with all net proceeds from the sale to be donated to victims of the ongoing war in Ukraine. The billionaire declared he was making the "incredibly difficult decision" in the "best interest" of the club he has transformed into a football powerhouse (albeit loss making) since he bought it in 2003.